Wirex Adopts ZeroFox's Monitoring Tools to Counter Threats from Dark Web Activity and Money Laundering Accounts。The company said the solution uses artificial intelligence to scan the dark web for potential dangers such as data breaches and falsified credentials.。

Pavel Matveev, CEO and co-founder of Wirex, said: "This is an important step for us in continuously improving cybersecurity.。The cutting-edge technology provided by ZeroFox has played a vital role in strengthening our defenses, especially in combating money laundering accounts.。"

This new solution enables early detection of risks associated with the dark web and facilitates timely intervention。It leverages monitoring capabilities and alerts to assess the extent of these risks and their severity。

Fraud Prevention Strategy

The purpose of Wirex's integration of darknet monitoring tools is to protect accounts from unauthorized access and potential fraudulent activity。The digital payment platform explained that this approach will enhance the user's money security and overall account security.。

In addition, Wirex works with law enforcement agencies to share intelligence to combat financial and cybercrime.。The company prioritizes customer education and enhances user awareness of safe and responsible financial behavior through rich content。

Founded in 2014 by Pavel Matveev and Dmitry Lazarichev, Wirex has more than 6 million users in 130 countries.。Company aims to drive mass adoption of cashless society by facilitating global cryptocurrency and traditional currency transactions。

Enhanced Services and Regulatory Milestones

In 2022, Wirex resumed its services in the UK after constructive talks with the Financial Conduct Authority (FCA).。This significant development was preceded by a number of upgrades to existing products.。

Services were restored after Wirex held discussions with the UK's Financial Conduct Authority (FCA), highlighting the company's commitment to regulatory compliance and innovation.。

As a result, the global payments platform announced plans to integrate "fast payments" into its services in the UK, a move aimed at enhancing the flexibility and control of users' money transfers within the UK.。

Some of the company's notable updates include: increased daily recharge and spending limits for all uses within the UK, exclusive over-the-counter rates and zero fees for foreign exchange and transfers。In addition, new users of Wirex in the UK can order the company's debit cards to facilitate transactions at multiple locations.。